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NATIONAL LEAD COMPANY
15 Exchange Place, Jersey City, N. J.
Report to be Presenter] to tbe Stockholders at their Forty-fourth Annual Meeting, April 16, 1936, for the Fiscal Year Ended December 31, 1935
To the Stockholders of National Lead Company.
The following consolidated Balance Sheet shows the condition of the Company on December 31, 1935:
Current Assets:
Aaat i o
Cash ..........................................................................................................................................
U. S. Government Securities
(Market Value $1,221,365.80)..............
Other Marketable Securities, Domestic (Market Value $4,023,892.00).............. Other Marketable Securities, Foreign (Market Value $4,119,199.66)..............
Accounts and Notes Receivable...................................................................................... Less Bad Debt Reserve.....................................................................................................
Notes Receivable from Employees.................................................................................. "Inventories (at Normal Prices, Excess at Cost or Market)..................................
Total Current Assets........................................................................................
Investments: Securities of Affiliated Companies (at book value, in no cases exceeding cost) Domestic ............................................................................................................................... Foreign ............................................................................ ...................................
tNational Lead Company Capital Stock (34,883 shares Preferred A; 25,815 shares Preferred B; 321 shares Common)................................................................
Miscellaneous Investments (not listed on any exchange) Domestic ..............................................................................................................................
Foreign .................................................................................................................................
Total Investments ................
Fixed Assets: Plant Properties and Equipment (net)
Deferred Charges .........................................
...................... ...................... $3243,032.13
3,501,066.06 ------------------$8,491,162.76
594,101.40
------------------...................... ......................
$3,536,153.19 1,147,888.29
6,744,098.19
7,897,061.36 248,599.85
20,038,590,08
....................................................
$39,612,390.96
$4,699,418.09 6,512,891.09
------------------- $11212,309.18
......................
7,654,510.57
$402,479.30 481,729.41
-------------------
884208.71
....................................................
$19,751,028.46
.................................................... ....................................................
44,462288.50 207,783.35
$104,033,49127
LIABILITIES
Current Liabilities:
Accounts Payable, audited but not due..................................................
Reserve
*""'**""********'*****
Dividend Payable February 1, 1936 on Class B Preferred Stock
Total Current Liabilities..........................................................
Reserves: Fire Insurance Reserve.............................................................................. Employers Liability Reserve...................................................................... Pension Reserve ................ .......................................................................... Foreign Exchange and Miscellaneous..................................................
Capital Stock and Surplus: Capital Stock : Par Value $100. Preferred Class A...................... Preferred Class B...................... Common ......................................
Surplus
Total Capital Stock and Surplus
$3,722,738.48 1209,675.92 116,193.00
$5,048,607.40
4,797284.02 426,664.30
7,000,000.00 248,713.99
$12,472,662.31-
Authorized $25,000,000.00
25.000.000.00
50.000.000.00
Issued $24,367,600.00 10,327,700.00
30,983,100.00
$100,000,000.00 $65,678,400.00 .......................... $20,833,821.56
86,512221.56
$104,033,49127
_ ,,^
DETAILS OF PLANT INVESTMENT
1935
........................ $75,503,580.49
Less Depreciation and Depletion Reserve..........................................................................
Net Property
$44,462288.50
* See page 4.
t See page 4.
1934 $71,479,118.48
30,082,131.45
$41,396,987.03
Increase $4,024,462.01
959,160.54
$3,065,301.47
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